As of close of business last night, DiamondRock Hospitality Company’s stock clocked out at $7.72, up 0.39% from its previous closing price of $7.69. In other words, the price has increased by $+0.03 from its previous closing price. On the day, 1321379 shares were traded. DRH stock price reached its highest trading level at $7.75 during the session, while it also had its lowest trading level at $7.53.
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To gain a deeper understanding of DRH’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.21. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.74.
Upgrades & Downgrades
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 02 when Brugger Mark W sold 24,310 shares for $10.00 per share. The transaction valued at 243,100 led to the insider holds 2,396,099 shares of the business.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DRH now has a Market Capitalization of 1.79B and an Enterprise Value of 3.01B. As of this moment, DiamondRock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.67, and their Forward P/E ratio for the next fiscal year is 15.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.57 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 2.87 whereas that against EBITDA is 11.39.
Stock Price History:
Over the past 52 weeks, DRH has reached a high of $10.98, while it has fallen to a 52-week low of $7.14. The 50-Day Moving Average of the stock is 8.03, while the 200-Day Moving Average is calculated to be 8.61.
It appears that DRH traded 2.52M shares on average per day over the past three months and 2.52M shares per day over the past ten days. A total of 211.41M shares are outstanding, with a floating share count of 204.44M. Insiders hold about 0.20% of the company’s shares, while institutions hold 96.30% stake in the company. Shares short for DRH as of May 14, 2023 were 12.24M with a Short Ratio of 12.24M, compared to 9.29M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.84% and a Short% of Float of 9.48%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.09, DRH has a forward annual dividend rate of 0.12. Against a Trailing Annual Dividend Yield of 1.17%, it implies a Forward Annual Dividend Yield of 1.56%.
As of right now, 3 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.19 for the current quarter, with a high estimate of $0.2 and a low estimate of $0.18, while EPS last year was $0.23. The consensus estimate for the next quarter is $0.13, with high estimates of $0.16 and low estimates of $0.12.
Analysts are recommending an EPS of between $0.45 and $0.4 for the fiscal current year, implying an average EPS of $0.43. EPS for the following year is $0.49, with 3 analysts recommending between $0.55 and $0.45.
In the current quarter, 8 analysts expect revenue to total $297.89M. It ranges from a high estimate of $316.7M to a low estimate of $287.75M. As of the current estimate, DiamondRock Hospitality Company’s year-ago sales were $281.41M, an estimated increase of 5.90% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $278.24M, an increase of 7.40% over than the figure of $5.90% in the same quarter last year. There is a high estimate of $295.42M for the next quarter, whereas the lowest estimate is $266.45M.
A total of 9 analysts have provided revenue estimates for DRH’s current fiscal year. The highest revenue estimate was $1.13B, while the lowest revenue estimate was $1.05B, resulting in an average revenue estimate of $1.08B. In the same quarter a year ago, actual revenue was $1B, up 7.90% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $1.12B in the next fiscal year. The high estimate is $1.17B and the low estimate is $1.08B. The average revenue growth estimate for next year is up 3.40% from the average revenue estimate for this year.